Age Before Booty — Tax cuts for the rich become tax cuts for the old

Old Blog Import

The calculation was simple. Every rich person who died was a dead person. If you thought of him as rich, you envied him. If you thought of him as dead, you pitied him. The estate tax sounded good. The death tax sounded bad. Bad enough, it turned out, to get Congress to phase out the tax as part of Bush’s 2001 tax-cut package.

Now Republicans are taking the technique one step further. You don’t have to die to shed the stigma of wealth. You just have to age. Rich people have become "senior citizens."”